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by gambiting 3646 days ago
Let me put it this way - I make 25k/year. My partner makes 30k. We can afford a house here in the north without having to save up for the deposit for a decade first. Are our salaries extraordinary? Are we rich? 1% of this country? Or maybe I just live in some bubble?
3 comments

You do.

You're in the top 10% of the country:

http://www.ifs.org.uk/wheredoyoufitin/

£55k a year household income is well into the top 10%, and probably top 5% for the region. Not extraordinary, but not at all typical.
"The most recent SPI report (2012/13) gave annual median income as £21,000 before tax and £18,700 after tax.[1] The 2013/14 HBAI report gave median household income (2 adults) as £23,556." https://en.wikipedia.org/wiki/Income_in_the_United_Kingdom#T...

You can be outside the top 1% and still be significantly better off than many.